Easterly Government Properties Inc., a real estate investment trust focused on properties leased to the U.S. Government, reported its second quarter 2025 financial results. The company achieved a net income of $4.3 million, equating to $0.09 per share on a fully diluted basis. Core Funds From Operations (FFO) stood at $34.6 million, or $0.74 per share on a fully diluted basis. For the six months ending June 30, 2025, Easterly reported a net income of $7.5 million, or $0.16 per share on a fully diluted basis, and a Core FFO of $67.7 million, or $1.46 per share on a fully diluted basis. During the quarter, Easterly implemented a 1-for-2.5 reverse stock split, effectively reducing its outstanding shares from 200 million to 80 million. As of the end of the quarter, the company owned 102 operating properties in the United States, encompassing approximately 10.1 million leased square feet, with the majority leased to U.S. Government tenant agencies. The company highlighted its strategic focus and operational discipline as key drivers of its success in government real estate.
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